Nature of Contract – Offer and Acceptance – Consideration – Capacity to Contract – Free Consent - Legality of Object.

Void Agreements – Contingent Agreements – Performance of Contract – Discharge of contract – Mode of Discharge – Remedies for Breach of Contract

Indemnity and Guarantee: Contract of Indemnity – Contract of Guarantee – Extent of Surety Liability – Kinds of Guarantee – Rights of Surety – Discharge of Surety - Contract of agencies: Definition – Creation of Agency –Classification of Agent – Relation of Principle and Agent - Delegation of Authority- Personal Liability of Agent – Termination of Agency

Formation of Contract of Sale – Negotiable Instrument – Definition – Types – Negotiable by Statute – Negotiable by Custom or Usage – Conditions and Warranty.

Ethics and Business - Ethics – Meaning, Importance - The “Seven Principles of Public Life” – Selflessness, Integrity, Objectivity, Accountability, Openness, Honesty and Leadership - The relationship between Ethics and Law - Ethics in Business.